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bush. this is turning into a bit of a proxy election pitting clinton against george w. bush. from here tonight they're saying and expecting a very late night. of course positive vibes coming out of the campaign, but still early here. they have not quite even let their supporters in yet. we are expecting near shortly. neil: let's switch over to romney headquarters in boston. >> well, i have to tell you, people are streaming into this room right now. you can see over my shoulder, the states they have been setting all afternoon long. we have as many as 5,000 folks who have volunteered for mitt romney who are on hand. the candidate himself just came into this building actually in the hotel attached to this area. we will not see him for some time to come. here's what people are telling us about what is going on across the country in polls, ballots. it is all about voter intensity. it's all about the excitement, about the campaign, and we are hearing from the attorney general in virginia and florida that they are seeing a lot of momentum on this side of the republicans. and just li
bush. this is turning into a bit of a proxy election pitting clinton against george w. bush. from here tonight they're saying and expecting a very late night. of course positive vibes coming out of the campaign, but still early here. they have not quite even let their supporters in yet. we are expecting near shortly. neil: let's switch over to romney headquarters in boston. >> well, i have to tell you, people are streaming into this room right now. you can see over my shoulder, the states...
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bush won the presidency back again in 2004 in ohio. it is the bellwether. it's not just -- everybody always wants to say no republican has ever won -- well, no democrat has ever won either. can be lost to nixon in 1960, but otherwise it is a bellwether state. my sense is if romney will win the presidency, you might as well start right there and do it quick. gerri: ohio, critically important, obviously. other other states, counties, areas that you are watching intensively over the next 24 hours to back. >> yes. i will be watching my home state of pennsylvania, bucks county where mitt romney was yesterday. a large district, a suburban district outside a philadelphia to see early on because we will get the results from pennsylvania hopefully first to see where the voters there are breaking, and then there are three others i would watch for, to others, i'm sorry. enrico county in virginia is one that bush won by eight points in 2004. obama, it flipped for him. he won by 56 over mccain's 44. brown county and was down see, this one went for obama, but previously
bush won the presidency back again in 2004 in ohio. it is the bellwether. it's not just -- everybody always wants to say no republican has ever won -- well, no democrat has ever won either. can be lost to nixon in 1960, but otherwise it is a bellwether state. my sense is if romney will win the presidency, you might as well start right there and do it quick. gerri: ohio, critically important, obviously. other other states, counties, areas that you are watching intensively over the next 24 hours...
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Nov 28, 2012
11/12
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bush and daily beast columnist. to you first. the other republicans going to have to walk away from what they have long clung to which is the idea that we're not going to raise taxes, no way, no how. >> well, i think that president obama definitely has the upper hand in the situation. you have people coming out and saying we don't have on a this anti-tax pledge with grover norquist, a senior republicans, people like bill kristol you have 12 new house members coming in who refused to sign the pledge. so you start seeing that and it gives the president much stronger leverage to get what he wants. and i think that if the republicans don't come around on and we end up going off the cliff there will get blamed for it. gerri: what do you say? >> i say let's take a look and what happened in november. our government gave the people of america gave the government to the status quo. we are back to where we started in septmber. the president has a huge do over, and it is his obligation to leave history this. republicans have said we are wil
bush and daily beast columnist. to you first. the other republicans going to have to walk away from what they have long clung to which is the idea that we're not going to raise taxes, no way, no how. >> well, i think that president obama definitely has the upper hand in the situation. you have people coming out and saying we don't have on a this anti-tax pledge with grover norquist, a senior republicans, people like bill kristol you have 12 new house members coming in who refused to sign...
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Nov 12, 2012
11/12
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joining me now, former commerce secretary under president george of the bush. great to have you on the show, sir. let's start with this meeting the president is calling with union leaders, business leaders. what can they do that congress cannot? >> well, the problem is that they can't do much because the brush of taxes and the rise of regulations that are being thrown at businesses, the only thing they can do is defend themselves from them, but i don't think they can reach in a gram with labor to say that we are not going to a reduced the size of our workforce even though we are not trying to make profits because of obamacare. everyone is criticizing apple bees, but we forget that the purpose of business is to make a profit. gerri: and just to make a point here, apple bees, the apple bees in new york has said that they are not going to expand into new restaurants, not going to add people to staff because of obamacare. >> and you know what, that is just the beginning. gerri: worse things are happening. >> oh, absolutely. i mean, there is one provision in obamaca
joining me now, former commerce secretary under president george of the bush. great to have you on the show, sir. let's start with this meeting the president is calling with union leaders, business leaders. what can they do that congress cannot? >> well, the problem is that they can't do much because the brush of taxes and the rise of regulations that are being thrown at businesses, the only thing they can do is defend themselves from them, but i don't think they can reach in a gram with...
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Nov 11, 2012
11/12
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it's not bush's deficit. 161 billion, we had all the tax cuts in place. thankfully, we have the prescription drug coverage. gerri: is that obama for another four years? what's going to happen next? >> we will either get a deal and there will be some tax increases, but real spending reductions or some of these only ductions that the president likes to cook up, is he going to and the war for the 11th time? gerri: he scored twice. my real question was, what would happen to the debt president got reelected? we have $5.6 trillion in the last administration, will we get another 5.6 trillion? >> i think we will get another five or $6 trillion. if we cut the deficit now about doing the things we need to do to undo the mess so the economy can grow, we will go into a recession. so once you cut the deficit, you lose it all right there. that is exactly what's going to happen. gerri: the economy really matters. not just for the people putting food on the table, but also whether the federal government can operate in. the cbo has said that if we go over the fiscal cliff
it's not bush's deficit. 161 billion, we had all the tax cuts in place. thankfully, we have the prescription drug coverage. gerri: is that obama for another four years? what's going to happen next? >> we will either get a deal and there will be some tax increases, but real spending reductions or some of these only ductions that the president likes to cook up, is he going to and the war for the 11th time? gerri: he scored twice. my real question was, what would happen to the debt president...
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Nov 27, 2012
11/12
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bush in 200. >> coming up on "the willis report." they called the obama report. i do care, that's right. as the fiscal cliff loons come will nutech still go over your 401k? peter barnes explains what to expect for your retirement savings next year. and today is the day to shop for the internet. the. cheryl: it is back to court for liberty university and their challenge the controversial law. their challenge is the employer mandate and to fund what they call abortion related services for thr employees. we have leaders well coming up with more. we know this case very well. >> yes, tardy at the supreme court. cheryl: the argument, is this going to fly? >> with the supreme court said is the first time around, we said that wasn't right. that nobody had been hurt yet. and so the mandate had been in place. so really you cannot argue that. but now what they are saying is that it isn't just an issue about the mandate. it is out a right of religion and that may be right. will they win? it is a fairly liberal cou area. i would be kind of surprised to see them win on these g
bush in 200. >> coming up on "the willis report." they called the obama report. i do care, that's right. as the fiscal cliff loons come will nutech still go over your 401k? peter barnes explains what to expect for your retirement savings next year. and today is the day to shop for the internet. the. cheryl: it is back to court for liberty university and their challenge the controversial law. their challenge is the employer mandate and to fund what they call abortion related...
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the last four quarters stronger than the fourth quarter before that and they were stronger than the bush recovery. economist across-the-board for this economy is growing. gerri: last word. >> let's be honest, but the talking points aside. american people know this economy is not strong. most americans believe this country is going in the wrong direction. those polls are undeniable. let's hope we can turn this around. gerri: thanks to you both for coming on, really appreciate your time. i think there is something the n the unemployment report for everybody. thank you. when we come back as many families worry about putting their lives back together, one thing you will likely not have to deal with. and whomever gets reelected or elected on tuesday will have a lot on his plate. look at the first 100ays in what they might hold coming up next. the capital one cash rewards card gives you a 50% annual bonus. and everyone likes 50% more [ russian accent ] rubles. eh, eheh, eh, eh. [ brooklyn accent ] 50% more simoleons. [ western accent ] 50% more sawbucks. ♪ [ maine accent ] 50% more clams. it
the last four quarters stronger than the fourth quarter before that and they were stronger than the bush recovery. economist across-the-board for this economy is growing. gerri: last word. >> let's be honest, but the talking points aside. american people know this economy is not strong. most americans believe this country is going in the wrong direction. those polls are undeniable. let's hope we can turn this around. gerri: thanks to you both for coming on, really appreciate your time. i...
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Nov 19, 2012
11/12
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bush that read my lips at the republican national convention. i was on the floor when it happened. a few years later, the democrats convinced him that if you let us raise taxes, we will have an equal amount of cuts in the government. taxes took place or cuts never really got there. i would hope that we are careful with this that we have going on right now to make sure that we are not raising taxes on middle-class and obamacare is the largest tax increase on the middle class. they said we are going to lose 800,000 jobs in america because of this. restaurants are putting surcharges on meals. i talked to the president last night and he believes at least 10% of his members will go out of business here in mississippi. gerri: is absolutely tragic for some businesses. weave ceos talking about how they're going to fire people, i want you to talk about something very specific about this. a lot of talk about sequestration. this would impact states severely, and it would hit mississippi pretty darn hard. 7.6% mississippi, only 6.6 nationwide. would he make of that? how important is it that we
bush that read my lips at the republican national convention. i was on the floor when it happened. a few years later, the democrats convinced him that if you let us raise taxes, we will have an equal amount of cuts in the government. taxes took place or cuts never really got there. i would hope that we are careful with this that we have going on right now to make sure that we are not raising taxes on middle-class and obamacare is the largest tax increase on the middle class. they said we are...
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Nov 29, 2012
11/12
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gerri: as a reminder, the revenue from the bush tax cuts would generate just $82.4 billion a year, enough to run the government for ve days. as president obama pushes for tax hikes on wealthier americans, he might look to britain to see the effect it has. it's not revenues. it's surprisingly less. after the labour par, that is, there, pushed for the top tax rate to 50%, 5-0, the richest ft. two-thirds left to avoid paying the new tax. it also stopped people coming to and investing in britain. there's a lesson for you. turns out the proof is in the pudding realizing the errors of the way, the government is cutting the top rate to 45%. more to ce like should washington sub di size wind energy? more on the fiscal cliff as americans on all levels have to prepare to take the tax hit. hope it doesn't, but i'm going to break it down next. ♪ gerri: i always like to give you the straight poop on everything, and, today, i'm concerned about the fiscal cliff. in the past two days, two very well-connected professional money managers have spoken to me about their trepidation their clients have about
gerri: as a reminder, the revenue from the bush tax cuts would generate just $82.4 billion a year, enough to run the government for ve days. as president obama pushes for tax hikes on wealthier americans, he might look to britain to see the effect it has. it's not revenues. it's surprisingly less. after the labour par, that is, there, pushed for the top tax rate to 50%, 5-0, the richest ft. two-thirds left to avoid paying the new tax. it also stopped people coming to and investing in britain....
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Nov 20, 2012
11/12
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bush. always a pleasure to have you on the show. today the federal reserve chairman ben bernanke warned congress, said look, i can't help you out if you go over the fiscal cliff, there is nothing the federal reserve can really do at this point. do you think congress realizes, understands the stakes here? >> i hope they do, this is a clear and present danger to the u.s. economy and it is not just what happens if we go over the fiscal cliff, it is actually affecting the economy right now. a big drag of business confidence, businesses are already not doing very well, negative investment, really cannot afford to make the situation any worse and we have heard some members of congress talk about going over the fiscal cliff to teach the other party a lesson. that is not helpful. this is something that should be settled quickly. we know that we're probably going to have higher taxes out of the health care reform. now the payroll tax or they will probably go away. but a premium on in more taxes on the near-term dealing with spending and gett
bush. always a pleasure to have you on the show. today the federal reserve chairman ben bernanke warned congress, said look, i can't help you out if you go over the fiscal cliff, there is nothing the federal reserve can really do at this point. do you think congress realizes, understands the stakes here? >> i hope they do, this is a clear and present danger to the u.s. economy and it is not just what happens if we go over the fiscal cliff, it is actually affecting the economy right now. a...
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Nov 14, 2012
11/12
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and he agreed to extend what is now the bush and obama tax rates. particularly for small businesses, it is critical that we don't raise their taxes when we are asking them to create jobs. the american people and the election did not give them a mandate to raise taxes. gerri: that is the source of the huge disagreement. >> at the end of the day, they returned a strong majority to the republicans had a house where they gave the president a narrow 51% margin of victory. that is not a mandate. most folks that were polled do not want to raise taxes to reduce the deficit. that is pretty clear. what they want to do is make sure that we have more jobs. gerri: one more question. john boehner, he said it's going to take a long time to work this out. let's keep in mind here that will cost every american family $3500. what can you do by december 31? >> well, we can pass the republican bill that came through the house that is sitting in the senate. the economy is still going the wrong way. we have more americans on food stamps than ever before in history, and al
and he agreed to extend what is now the bush and obama tax rates. particularly for small businesses, it is critical that we don't raise their taxes when we are asking them to create jobs. the american people and the election did not give them a mandate to raise taxes. gerri: that is the source of the huge disagreement. >> at the end of the day, they returned a strong majority to the republicans had a house where they gave the president a narrow 51% margin of victory. that is not a...
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president bush with economic growth of 2.7%. a national letdown. let's look at obama. gdp of 2.3%. what does "the new york times" essay? obit study improvement. gerri: slow but steady improvement. >> the media has really dishonored itself more than ever before in this campaign. candy crowley during the debate, choosing a winner and then having to admit that she was wrong. i mean, i understand what right-wingers are talking about. gerri: what let me ask you about chris christie this week. >> what i think is going on here is that right after chris christie became governor, the left is asking about how he lost the no child left behind money. the reason the federal government wouldn't give new jersey their education money, -- gerri: do you think they were holding back dollars because they don't like chris christie? >> absolutely and definitely happen. everything he is looking at, it's like oh, give me a break. gerri: in focus tonight is open enrollment. it is the one time this year you can make changes to your health insurance for 2013 and what you don't know can posture. bob hurley on
president bush with economic growth of 2.7%. a national letdown. let's look at obama. gdp of 2.3%. what does "the new york times" essay? obit study improvement. gerri: slow but steady improvement. >> the media has really dishonored itself more than ever before in this campaign. candy crowley during the debate, choosing a winner and then having to admit that she was wrong. i mean, i understand what right-wingers are talking about. gerri: what let me ask you about chris christie...
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Nov 29, 2012
11/12
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this is not differ from the bush a ministration, but it is certainly differenn than what obama promised. guess what, increasing government involvement in the economy does not close the revolving door. it makes a spin faster. gerri: let's talk about another example that has existed for decades and decades. you have written about it. if you are a company in. gerri: and i just want government to leave me alone, then don't go get these special loans to do business. tell us your objection? >> this is a government agency. it sounds like it's a bank. it basically lends money to foreign buyers or guarantees loans so that they will buy american goods. now, 82 percent of the loan guarantees that export import bank made last year guaranteed sales. gerri: one company. >> the biggest guys will not just give most of the money. they will dominate. when you increase government role in the economy is does not help the small guy that the democrats. this helps the big guy who can hire the former administration staffers, the former senator's as a lobbyist. so most of the money they spend some 80 percent of
this is not differ from the bush a ministration, but it is certainly differenn than what obama promised. guess what, increasing government involvement in the economy does not close the revolving door. it makes a spin faster. gerri: let's talk about another example that has existed for decades and decades. you have written about it. if you are a company in. gerri: and i just want government to leave me alone, then don't go get these special loans to do business. tell us your objection? >>...
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Nov 15, 2012
11/12
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the bush tax cuts expired. neither party has said they want that to happen, but in washington you never know. also, the payroll tax will go to a 15% from 13. did i mention, state, property, corporate and excise taxes. probably not. all told, total taxes next year will go to almost 50 percent for the middle-class. the very group the president says he wants to protect. that means $0.50 out of every dollar earned has to go to the federal government and state and local governments. half of everything to an entity that did not earn that money and should not be entitled to all that tell. unbelievable. you think most americans agree in think that's fair? i don't think so. all right. you heard what i think. we want to know what you think. drop me an e-mail. gerri@foxbusiness.com. >> coming up on "the willis report," a superstar and sandy came and concord, but this test says wall street could have done weigh more to prepare for the storm. commissioner bart chilton joins us. this story broke first on fox business, united
the bush tax cuts expired. neither party has said they want that to happen, but in washington you never know. also, the payroll tax will go to a 15% from 13. did i mention, state, property, corporate and excise taxes. probably not. all told, total taxes next year will go to almost 50 percent for the middle-class. the very group the president says he wants to protect. that means $0.50 out of every dollar earned has to go to the federal government and state and local governments. half of...
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bush. i want to start with you. a lot of finger-pointing. as a matter of fact, lindsay gramm had an interesting quote, if i hear anyone say it was because he was not conservative enough, i'm going to go nuts. we're not losing 95 percent of the african-americans in two-thirds of hispanic voters because we're not being hard right enough. but he says that? >> i think it is exactly right, and this is what always happens when they're is a loss in both parties. the base comes around and says, see, this is proof that if we had somebody who was more conservative, more liberal, then we would do better. and one group that lindsay gramm did not mention was also women. i think that the republican party has a problem with a variety of groups that are demographically very, very important. you know, the biggest one would be latinos. if they don't figure out 08 how to attract and when the light has again. gerri: is this mitt romney's fault? is the republican party not broad enough in its appeal? >> here is the seeker why we did not win. would you like to he
bush. i want to start with you. a lot of finger-pointing. as a matter of fact, lindsay gramm had an interesting quote, if i hear anyone say it was because he was not conservative enough, i'm going to go nuts. we're not losing 95 percent of the african-americans in two-thirds of hispanic voters because we're not being hard right enough. but he says that? >> i think it is exactly right, and this is what always happens when they're is a loss in both parties. the base comes around and says,...
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Nov 21, 2012
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all the bush tax cuts. ge we don't know. we don't know what will happenu with that.ear, cap capital gains taxes, all of this changing. what are you telling yourre youu client? >> well, most of the calls we'rt getting in the discussions we are having a more about thel spending because you realize that even if you get all of this spding. money, they don't come togethert and everyone lies in the sand. everyone has to pay the $3,700td on average, you raise aboutnav 100 million. if you tax the high-wage earners you earn another 80 billion. that's still only gets you soiln far to the 1 trillion. gerri: it does not take is anywhere near paying off our dead. >> $3,700 to an average family right now oppose the average 2%0 you have to pay back to social security because that is no longer there. real money for people at a timef when you probably can ill afford to spend it. gerri: summarize what you're saying, don't pay your taxes early hoping to get that refund because it is just not going to happen. beware. and you have to check for i
all the bush tax cuts. ge we don't know. we don't know what will happenu with that.ear, cap capital gains taxes, all of this changing. what are you telling yourre youu client? >> well, most of the calls we'rt getting in the discussions we are having a more about thel spending because you realize that even if you get all of this spding. money, they don't come togethert and everyone lies in the sand. everyone has to pay the $3,700td on average, you raise aboutnav 100 million. if you tax the...
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bush, which is president has failed to take note of, which is surprising. neil: just the bad stuff. just the bad stuff. >> but that it was unfortunate because he could have been clear. he could have been more articulate the issue. and one of the things that i would -- that i think will be examined of a course, when the governor prevails and the president prevails, and that is the degree to which he underestimated the appeal of the pure business communication. he talked about, throughout the campaign, debt and deficits. embraced rain and brought him into the ticket, but this race has been and until we are results are tonight is about the middle-class. neil: paul ryan did not deliver and wisconsin. >> did not command that will be difficult. i have thought, by the way, congressman ryan is a very able congressman. but i thought from the outset, the great liability for him as a campaigner for governor romney and for the republicans theater is that he can become something of a 01 note pony, if i can make a few metaphors. and he needs -- you know, this is a message from governor romney abo
bush, which is president has failed to take note of, which is surprising. neil: just the bad stuff. just the bad stuff. >> but that it was unfortunate because he could have been clear. he could have been more articulate the issue. and one of the things that i would -- that i think will be examined of a course, when the governor prevails and the president prevails, and that is the degree to which he underestimated the appeal of the pure business communication. he talked about, throughout...